IPO - T. Rowe Price OHA Flexible Credit Income Fund

Form Type: POS AMI

Filing Date: 2025-01-06

Corporate Action: Ipo

Type: New

Accession Number: 000113322825000176

Filing Summary: On January 6, 2025, T. Rowe Price OHA Flexible Credit Income Fund filed its third amendment registration statement under the Investment Company Act of 1940. This filing indicates the Fund is a registered closed-end management investment company, qualified as an interval fund, offering three classes of shares: Class A, Class D, and Class I. The Fund's investment objective is to produce current income through opportunistic allocation across various credit strategies, targeting at least 80% of its assets in fixed-income securities and credit instruments. The registration statement outlines that the shares will not be registered under the Securities Act of 1933, which means they will be sold solely through private placement. This offering represents the Fund's efforts to engage long-term investors while managing risks associated with less liquid investments and varying market conditions.

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Form Type: N-2

Filing Date: 2024-07-02

Corporate Action: Ipo

Type: New

Accession Number: 000113322824006365

Filing Summary: T. Rowe Price OHA Flexible Credit Income Fund has filed a registration statement under the Investment Company Act of 1940 to register as a closed-end management investment company and to offer its shares on a public offering basis. The fund is categorized as a 'New Registrant' and is designed to produce current income through opportunistic allocation across various credit strategies, primarily fixed-income securities. It plans to conduct quarterly repurchase offers enabling limited liquidity to investors, given the unlisted nature of its shares. The fund intends to invest heavily in credit strategies including direct lending, junior capital solutions, structured credit, liquid credit, special situations, and real assets credit, thereby targeting primarily larger borrowers. The fund's structure allows it to provide limited liquidity and is intended for long-term investors with an awareness of its investment risks, including the potential for speculative outcomes with investments in high-yield securities.

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